P.M. Edition for Jan. 22. Business leaders are scrambling to prepare as President Trump’s executive orders bring changes to everything from immigration to energy policy. WSJ reporter Chip Cutter joins to discuss how CEOs are making sense of the changes for their companies and clients. Plus, Elon Musk casts doubt on Trump’s big project to build out artificial-intelligence infrastructure. And WSJ reporter Cameron McWhirter takes us on the ground in Altadena, where a historic community of Black homeowners looks to rebuild after the devastating Los Angeles wildfires. Alex Ossola hosts.

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